September 2016 Ventura County Real Estate Market Analysis

Today’s post will look at the Ventura County real estate market in September 2016. As compared to August, September saw an increase of inventory on the market. For the first time since we began this analysis, we also saw the average sold price of a home below the average listing price. Ventura County residents shouldn’t read too much into this as it is most likely the end of summer slowdown. Not to mention, too much emphasis shouldn’t be placed on month-to-month changes to begin with. As usual, we will keep our eye on the market and see if we can spot any long term trends. With the presidential election happening next month, we will see if that has any effect on the county’s real estate market.

For purposes of this and future blog posts, Ventura County statistics are based off of the following ten cities in Ventura County: Camarillo, Fillmore, Moorpark, Ojai, Oxnard, Port Hueneme, Simi Valley, Santa Paula, Thousand Oaks, and Ventura. This data is pulled directly from the Multiple Listing Service (MLS) and may not contain information on properties that were sold off market. Number of homes sold does not include residential income, lots and lands, mobile homes, or commercial.

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Ventura County Statistics

# of months inventory: 2.87
# of homes sold: 611
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1768
Average listing price: $581,513
Average Sale Price: $572,087
Percent difference between listing and sale price: -1.6%
Average price per square foot: $335.20
Average Days on Market (DOM): 66

Camarillo Statistics

# of homes sold: 92
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1859
Average listing price: $592,617
Average Sale Price: $607,033
Percent difference between listing and sale price: 2.4%
Average price per square foot: $330.60
Average Days on Market (DOM): 50

Fillmore Statistics

# of homes sold: 6
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.3
Average square footage: 1732
Average listing price: $428,617
Average Sale Price: $425,167
Percent difference between listing and sale price: -0.8%
Average price per square foot: $254.41
Average Days on Market (DOM): 34

Moorpark Statistics

# of homes sold: 39
Average # of bedrooms per home: 3.5
Average # of bathrooms per home: 2.9
Average square footage: 2213
Average listing price: $656,315
Average Sale Price: $648,245
Percent difference between listing and sale price: -1.2%
Average price per square foot: $311.03
Average Days on Market (DOM): 71

Ojai Statistics

# of homes sold: 11
Average # of bedrooms per home: 3.0
Average # of bathrooms per home: 2.9
Average square footage: 2672
Average listing price: $1,032,545
Average Sale Price: $997,289
Percent difference between listing and sale price: -3.4%
Average price per square foot: $413.30
Average Days on Market (DOM): 126

Oxnard Statistics

# of homes sold: 115
Average # of bedrooms per home: 3.2
Average # of bathrooms per home: 2.5
Average square footage: 1724
Average listing price: $576,889
Average Sale Price: $562,101
Percent difference between listing and sale price -2.6%
Average price per square foot: $345.50
Average Days on Market (DOM): 71

Port Hueneme Statistics

# of homes sold: 37
Average # of bedrooms per home: 2.6
Average # of bathrooms per home: 2.0
Average square footage: 1184
Average listing price: $344,466
Average Sale Price: $341,941
Percent difference between listing and sale price: -0.7%
Average price per square foot: $296.00
Average Days on Market (DOM): 64

Santa Paula Statistics

# of homes sold: 14
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.4
Average square footage: 1753
Average listing price: $535,121
Average Sale Price: $525,405
Percent difference between listing and sale price: -1.8%
Average price per square foot: $302.96
Average Days on Market (DOM): 96

Simi Valley Statistics

# of homes sold: 128
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 1760
Average listing price: $535,605
Average Sale Price: $528,908
Percent difference between listing and sale price: -1.3%
Average price per square foot: $316.04
Average Days on Market (DOM): 66

Thousand Oaks Statistics

# of homes sold: 78
Average # of bedrooms per home: 3.3
Average # of bathrooms per home: 2.5
Average square footage: 2005
Average listing price: $687,373
Average Sale Price: $674,873
Percent difference between listing and sale price: -1.8%
Average price per square foot: $342.76
Average Days on Market (DOM): 70

Ventura Statistics

# of homes sold: 91
Average # of bedrooms per home: 2.9
Average # of bathrooms per home: 2.2
Average square footage: 1481
Average listing price: $556,161
Average Sale Price: $548,421
Percent difference between listing and sale price: -1.4%
Average price per square foot: $374.47
Average Days on Market (DOM): 62

 

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